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August 5, 2024 2:04 PM

Stock Market: Sensex tanked 2,686 points & Nifty tumbled 824 points

Domestic benchmark indices crashed over three per cent each today following extremely weak trends in global markets amid fears of a slowdown in the US economy. The Sensex at the Bombay Stock Exchange tanked 2,686 points or 3.31 per cent to 78,296 in the afternoon trade. The Nifty at the National Sto...

August 5, 2024 11:08 AM

Stock Market: Sensex tanked 2,401 points & Nifty tumbled 490 points

Domestic benchmark indices tumbled in early trade today in line with extremely weak trends in global markets amid fears of a slowdown in the US economy and foreign fund outflows. The Sensex at the Bombay Stock Exchange tanked 2,401 points to 78,580 in morning trade. The Nifty at the National Stock E...

August 4, 2024 6:35 AM

FPIs invest 54,727 crore rupees in equity & debt in July, 2024

Foreign portfolio investors (FPIs) invested 54,727 crore rupees in equity and debt in the month of July, 2024. According to data from the National Securities Depository Limited (NSDL), FPIs allocated 32,364 crore rupees to equity and 22,363 crore rupees to debt during the same period. Experts attrib...

August 3, 2024 6:40 PM

Market Ends Eight-Week Gaining Streak Amid Global Trends and Weak Economic Data

The market snapped the eight week gaining streak after Friday's correction erased the weekly gains, following world equity markets trend amid weak economic data. However, during the week, the benchmarks recorded a fresh all-time high after the Fed Chair indicated possible rate cut at the September m...

August 2, 2024 8:11 PM

Indian Rupee Slides to 83.75 as Local Stocks Decline

The Indian rupee slipped today as local stocks declined, tracking a global equity sell-off caused by concerns of a slowdown in the United States. The rupee depreciated 0.04 per cent to close at 83.75 against the U.S. dollar. The dollar index, which indicates its strength against a basket of six othe...

August 2, 2024 6:03 PM

Record 7.28 Crore ITRs Filed for 2024-25 by July 31

A record 7.28 crore income tax returns (ITRs) have been filed for 2024-25 till 31st July. The Finance Ministry said in a statement that this is 7.5 per cent more than the total ITRs for 2023-24 filed till 31st July 2023. An increasing number of taxpayers have opted for the New Tax Regime this year. ...

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